Indian Bitcoin and gold cashback platform GoSats has raised $5 million in a Series A funding round led by Konvoy, with participation from Y Combinator and Taisu Ventures. The funds will be used for user acquisition, AI product development, and team expansion. GoSats currently handles an annualized GMV of approximately $40 million and has distributed over $5.37 million in crypto and gold rewards. The platform enables users to earn Bitcoin through everyday purchases, easing access to crypto assets in India's stringent regulatory environment.
GoSats Secures $5 Million in Series A Funding Led by Konvoy
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